Important Levels for 13-10-2021.
Most of the time today was spent inside a small range of 17880-17940 and once it crossed the range we saw a good and fast move.
17960-17970 should act as a support and any dips till this range can be bought with SL of 17940 for targets of 18000,18015 and 18035. Else, if we start sustaining above 18015, we can take longs for targets of 18035, 18060 and 18080. SL should be 17990-17995.
Will completely avoid shorts unless we break 17836 or we have a massive gap up and we see immediate sell off with heavy volumes.
Option data still looks dicey and looks we should wait and not be overly aggressive on the buying side by managing our position sizing as per our risk appetite.
Most of the time today was spent inside a small range of 17880-17940 and once it crossed the range we saw a good and fast move.
17960-17970 should act as a support and any dips till this range can be bought with SL of 17940 for targets of 18000,18015 and 18035. Else, if we start sustaining above 18015, we can take longs for targets of 18035, 18060 and 18080. SL should be 17990-17995.
Will completely avoid shorts unless we break 17836 or we have a massive gap up and we see immediate sell off with heavy volumes.
Option data still looks dicey and looks we should wait and not be overly aggressive on the buying side by managing our position sizing as per our risk appetite.
Aviso legal
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